News

Investments
JetClosing Raises $2.3 Million In Venture Funding
December 01, 2016

JetClosing, the real estate startup focused on making the closing process on a new home less complex, announced Wednesday (Nov. 30) it has closed on $2.3 million in venture capital seed financing. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Android Pay Says “Kia Ora” To New Zealand
December 01, 2016

“Kia Ora” means “hi” in Mãori. And that’s what Android Pay is saying across the country of New Zealand, where it has officially arrived. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

eCommerce
Morgan Stanley Investment Management Lowers The Value Of Its Flipkart Stake
December 01, 2016

Flipkart, the Indian eCommerce giant, has seen Morgan Stanley Investment Management Fund cut the valuation of its holdings in the company by 38 percent due to increased competition from Amazon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Security & Fraud
Android ‘Gooligan’ Hackers Steal Over 1M Google Accounts
December 01, 2016

More than 1 million Android phones are believed to have been infected by a new strain of malware called Gooligan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Citi Ventures Scores New Leader
December 01, 2016

In management news tied to Citigroup’s Citi Ventures, which invests in FinTech, Vanessa Colella has been promoted to lead the Citi unit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Mobile Payments
American Express Brings Contactless Payments To Canada
December 01, 2016

Credit card issuer American Express announced Wednesday (Nov. 30) it is enabling contactless mobile pay for cardholders in Canada that have an Android device. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Security & Fraud
Ashley Madison Rebuilds Trust After Data Breach
December 01, 2016

Adultery on-demand site Ashley Madison has had a lot of cleaning up to do since a hack in July of last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Alternative Finances
CAN Capital Puts CEO On Leave
December 01, 2016

CAN Capital, the small business online lender, has put its CEO on leave. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

International
Mobs Imprison Cashless Bankers On Pay Day In India
December 01, 2016

Pay day looms in India. And as Bloomberg reported, things may get ugly. The banking sector, the newswire reported, is girding for a tough response from “angry mobs” as they line up at banks and ATMs to get cash. This is, of course, in the...